Price for Musical Instruments; Parts and Accessories for Pianos in Uruguay - 2023

Contents:

1. Price for Musical Instruments; Parts and Accessories for Pianos in Uruguay (CIF) - 2022
2. Imports of Musical Instruments; Parts and Accessories for Pianos in Uruguay

Price for Musical Instruments; Parts and Accessories for Pianos in Uruguay (CIF) - 2022

The average import price for musical instruments; parts and accessories for pianoses stood at $55,167 per ton in 2022, which is down by -1.9% against the previous year. In general, the import price recorded a slight reduction. The pace of growth was the most pronounced in 2017 when the average import price increased by 116% against the previous year. The import price peaked at $129,875 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($63,100 per ton), while the price for China ($8,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Musical Instruments; Parts and Accessories for Pianos in Uruguay

In 2022, after three years of growth, there was significant decline in supplies from abroad of musical instruments; parts and accessories for pianoses, when their volume decreased by -52% to 12 kg. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 150%. As a result, imports attained the peak of 25 kg, and then reduced rapidly in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses shrank dramatically to $662 in 2022. Over the period under review, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 99% against the previous year. As a result, imports attained the peak of $1.4K, and then reduced notably in the following year.

Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Uruguay in 2022:

1. Germany (10.0 kg)
2. Japan (1.0 kg)
3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform